Best Of

No. They agreed to do for no cost

The same personnel housecleaning that happened with Twitter needs to happen at ebay.

@pf70collector said:
Equate this medal to the thousands of restrikes of Libertas Americana medals by Paris mint. They do well in the $200 to 300 range.

so people might want them in about 200 years?

Buy the box not the coin.

Or should they call it Roundtine.

@coiner said:
Tomorrow morning offering (if any) will be failed cc sales. They will not be seconds/returns.

As you move at least one week in the future, then you stand to get returns. Since this is a sellout, quite possibly the offer for open coins will be more than $104-----this should protect the USM against abnormally large returns.

It's only a sell out until the returns arrive. The folks who loaded up to play the lottery are not going to keep them. Retail buyers had a full 24 hours to get one to keep.

The only protection the Mint is going to have against returns is the fact that they sold a lot to dealers. Those won't be going back to the Mint. They will be dumped on the market, which will only exacerbate returns to the Mint from those only looking for a winner who didn't score.

If I'm wrong, very few will pop up at 7:30, and these will be big winners. Which will call into question your theory about medals not being wanted. Which I never agreed with.

My point all along was simply that $104 was too much for an ounce of silver with a mintage of 75K. I stand by that. They sold out because people were chasing the 1794. That's over.

If I'm right, dealers will dump excess inventory on the market, and retail buyers will return their $104 rounds when they can pick them up for significantly less on the secondary market, assuming they even want them. They will pop up at 7:30 every day, until eventually they are always available.

Without privys, there is no demand for 75K of them at $104, medal or coin. We'll see, but I think the chance to get one with a privy, without spending thousands, disappeared at 12:02 this afternoon. Not on some random morning in the not too distant future.

Because you might be able to buy them at 7:30 tomorrow, but there is no guarantee it will ship on Friday, as those bought yesterday have already started shipping. They very well might start selling medals they know are coming back before they are actually available for shipping, knowing that once they have constant stock no one will want them anymore. Hasn't anyone ever bought anything from them that did not ship right away?

@jshaulis said:

@HATTRICK said:
Is the $2,000 privy price for open box ?

Based on how I am reading it, yes.

Yep, open box worth more. Sealed box w/privy only $150. Of course, you'd never know. $25 in hand vs $1875 in the bush.

@Barberian said:

@BStrauss3 said:
And perhaps you don't realize this is a private forum, provided by our hosts for their customers and potential customers to interact. Politely. With respect.

If I were in charge, I'd refund your money and permanently block you. In a few posts, you've proven to be precisely the kind of participant we don't need/want here.

That's funny! Probably true for me as well. Afterall, I've done critical identification work for a living for 3 decades on objects much smaller than coins and can quickly recognize competence levels in id-work, regardless of whether the object in question are coins, insects, or diatoms. From what I see, I'm becoming one of their "problem customers." Maybe they'll offer me a job, who knows?

I sent those photos of two overdates to their staff. I was told that they cannot tell for certain that they are 55/54 overdates (WB-2 and WB-1, respectively, which are the more prominent overdate DMs, but I'm not asking for DMs here). The coins need to be attributed again, and I've been told there is no guarantee that they will be determined to be overdates. A boilerplate remark, perhaps, but they are in fact clear overdates, and any confidence in the ability of PCGS staff to attribute coins will vanish if they don't validate the overdates.

Add in their failure to do a reed count on another order to distinguish an R6 coin from an R2 coin as instructed by the client, then I wonder how many submissions, resubmissions, charges, and frustration they will have to go through to get a coin attributed properly.

@PCGS_Hy
Thanks for your continuing to reach out and help here. I sent an email with close-up photos of the overdates (failure to verify them as 55/54 is really not an option here), plus new concerns over failure to follow my specific instructions on another misidentified coin (49666386) in this submission. They must do a reed count on this coin to verify that it has 146 reeds.

I also want the record to reflect that I did not request a reed count

@lermish said:
That's just his MO. Not the first time and unlikely to be the last.

To be fair, he does provide advance warning on his personal world wide web page, https://www.burtonstrauss.us/

I love to chat about coins and also sometimes dish a little snark